Profit and loss

Quantitative Aptitude (CHSL)

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Even after reducing the marked price of a fan by Rs64, a shopkeeper makes a profit of 15%. If the cost price of fan is Rs640 what percent of profit would have been made if he had sold the fan at the market price?

20%

25%

30%

40%

Explanation:

Solution:
Profit = 15% = 3/20. So
CP…………SP
20…………23
640……….736
M.P = 736+64 = 800
Profit % = 160/640* 100 = 25%

By: Pranav Gupta

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